Stronger commodity prices and the resulting revival in investment in the mining sector have underpinned the economic growth of the Chilean economy, leading to better consumer confidence and investment sentiment. Also, the positive effects of consistent stimuli from the government on infrastructure and healthcare are continuing to sink in and hence give economic growth a sustained boost. In all, the Chilean economy is expected to post a 1.7% growth this year, before accelerating to 2.3% in 2018. More

Chile and mainland China recently held a second round of strategic economic dialogue talks as well as a third round of discussions on the expansion of their bi-lateral free trade agreement. Issues addressed during the economic dialogue meeting included progress made by the working groups on mining co-operation, infrastructure, energy, innovation and technology. More

Chilean Customs announced on 25 July that it is rolling out a new cargo targeting system software created by CBP and administered by the Word Customs Organisation in an effort to enhance the detection and selection of high-risk cargo. More